Now that Q3 2013 Testing is upon us, CPA Exam candidates look to the changes to Auditing & Attestation, which now incorporate the Clarified SAS.
Q: Are the NINJA Notes updated for the Q3 Changes?
Q: Do I need to know both versions of the Auditing Materials?
A: Yes – and the NINJA Notes cover both
Q: Which Standards with the Research portion test?
A: Clarified SAS only
The extant standards, which remain in effect for audits of financial statements ending before Dec. 15, 2012, also are eligible for testing on the CPA Exam while they remain in effect. During the period that both sets of standards are eligible for testing, only the clarified standards will be used for research questions. – Uniform CPA Examination Alert, Spring 2013